State of North Carolina Office of the State Controller
| Michael F. Easley, Governor |
Robert
L. Powell, State Controller
|
April 22, 2003
MEMORANDUM NO. FSD 030006
| TO: | All Agencies Served by the State Controller's Office |
| FROM: | Roger Farmer Payroll Administrator |
| SUBJECT: | Payroll System Modification
for Multiple Severance Wage Payments Change in Consolidated Warning Report |
The payroll system has been modified to accommodate multiple N.C. Severance Wage Exclusions. Previously, the payroll system was set to ensure that an agency would only exclude up to a maximum of $35,000 in NC Taxable Wages per year. The $35,000 Wage Exclusion Restriction has now been removed. Each termination is considered a separate event for purposes of the $35,000 Severance Wage Exclusion.
Each agency must now monitor its N. C. Severance Wage Payments, to ensure that its Severance Wage Exclusion does not exceed the $35,000 Wage Exclusion per termination. The reason for the above requirement is that the severance wage field on the year-to-date screen may now include simultaneous Severance Wage payments being made by more than one agency.
As per discussion
during the last Payroll Forum, modifications were made to the Consolidated
Warning Report. The employee names are now grouped alphabetically within
each cycle.
| MAILING ADDRESS
1410 Mail Service Center Raleigh, NC 27699-1410 |
Fax Number: (919) 981-5560 State Courier: 56-50-10 Website: www.osc.state.nc.us |
LOCATION
3512 Bush Street Raleigh, NC |
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